^GSPTSE vs. V
Compare and contrast key facts about S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTSE or V.
Correlation
The correlation between ^GSPTSE and V is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^GSPTSE vs. V - Performance Comparison
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Key characteristics
^GSPTSE:
1.14
V:
1.45
^GSPTSE:
1.58
V:
2.01
^GSPTSE:
1.23
V:
1.30
^GSPTSE:
1.29
V:
2.18
^GSPTSE:
5.60
V:
7.28
^GSPTSE:
2.95%
V:
4.48%
^GSPTSE:
14.49%
V:
21.88%
^GSPTSE:
-49.99%
V:
-51.90%
^GSPTSE:
0.00%
V:
0.00%
Returns By Period
In the year-to-date period, ^GSPTSE achieves a 5.03% return, which is significantly lower than V's 15.92% return. Over the past 10 years, ^GSPTSE has underperformed V with an annualized return of 5.62%, while V has yielded a comparatively higher 18.88% annualized return.
^GSPTSE
5.03%
7.35%
4.34%
15.61%
12.20%
5.62%
V
15.92%
10.96%
18.31%
31.30%
14.65%
18.88%
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Risk-Adjusted Performance
^GSPTSE vs. V — Risk-Adjusted Performance Rank
^GSPTSE
V
^GSPTSE vs. V - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Drawdowns
^GSPTSE vs. V - Drawdown Comparison
The maximum ^GSPTSE drawdown since its inception was -49.99%, roughly equal to the maximum V drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and V. For additional features, visit the drawdowns tool.
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Volatility
^GSPTSE vs. V - Volatility Comparison
The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 2.21%, while Visa Inc. (V) has a volatility of 5.47%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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